Associate Cyber Broker

An associate broker in FINEX cyber team manages the day-to-day servicing of large and complex accounts working in conjunction with other brokers; develops business relationships with producers and internal resources; negotiates with underwriters regarding coverage terms, conditions and pricing on new and renewal accounts; prepares quotes, cover notes and worksheets; supports new business opportunities; and verifies accuracy of insurance documentation.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role:

• Support a book of business by performing day to day client service tasks
• Responsibility for creation and design of renewal strategy documents for client presentations focusing on the design, marketing and placement of cyber insurance programs
• Analysis and reporting on the risk profiles of client’s unique finance, regulatory, and legal exposures
• Facilitate communication between broker teams and underwriters during client renewal cycles
• Provide support for new business opportunities including expanding relationships with current clients, participating in the preparation and response for Requests for Proposals, and general prospecting support
• Support, present and further develop FINEX cyber analytical tools
• Participate and lead client meetings including Renewal Strategy Presentations, Underwriter Meetings, Renewal Update Conference Calls and Post-Renewal Reviews
• Develop relationships with Producers, Client Advocates and Client Relationship Directors within the geographic region
• Be proficient in Willis Towers Watson compliance and best practices
• Regularly utilize Willis Towers Watson tools and resources
• Prepares draft proposals, submissions and quotes
• Follows up with insurance carriers and underwriters regarding the status of quotes and provides any additional information or rates as necessary
• Maintains business relationships with producers and underwriters
• Maintains knowledge of insurance carriers and their business practices
• Responsibly represent WTW as a colleague within the FINEX Cyber Practice

The Requirements:

• 1-3 Years of Professional Experience
• Proficient in Microsoft Office (Word, PowerPoint, Excel, Outlook)
• Understanding of Finance and Accounting
• Strong communication skills
• Ability to work in a fast-paced environment with challenging deadlines
• Intellectual curiosity to learn and become proficient in FINEX insurance products
• Ability to work productively and collaboratively in a team setting
• Solid presentation skills – written and oral
• Demonstrates knowledge of core insurance principles & provide explanation to clients
• Ability to conduct research
• Understanding of required placement workflows
• Ability to deal with difficult client situations
• Demonstrates knowledge of insurance structures
• Insurance Broker’s P&C License Preferred

EEO, including disability/vets